The Artificial Eye Market is poised to reach USD 56.43 million with a CAGR of 9.18% between 2023 and 2028, as reported by Technavio. The market's growth is driven by the increasing prevalence of eye diseases and the growing demand for custom ocular prostheses. The expansion is also supported by the aging global population, which leads to a higher occurrence of eye conditions. Advancements in artificial eye production, such as the use of cutting-edge materials and manufacturing processes, are further contributing to the market's growth. Nevertheless, the high costs associated with these devices and their implantation pose a significant challenge, limiting accessibility for many. Despite these obstacles, the market is expected to continue its upward trajectory, driven by the need for functional and visually appealing artificial eyes, particularly among the elderly, who often require these solutions to address vision loss and improve their quality of life.
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